The world is still recovering from the most recent global recession associated with the 2008-09 financial crisis and … recession? What is a global recovery? What really happens during these episodes? As the debates about the recent global … recession and the subsequent recovery have clearly shown, our understanding of these questions has been very limited. This …

internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off … the crisis, advanced economies felt the brunt of the recession. The subsequent expansion has been the weakest in the post … emerging market and developing economies weathered the 2009 global recession relatively well and delivered a stronger recovery …

, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off by … crisis, advanced economies felt the brunt of the recession. The subsequent expansion has been the weakest in the post … emerging market and developing economies weathered the 2009 global recession relatively well and delivered a stronger recovery …